WHAT WE DO
Incorporated in Singapore, Summit Power International Pte Limited (“Summit Power”) is a leading infrastructure developer and operator in South Asia. Summit Power comprises a group of businesses which develop, own and operate power generating assets and Floating Storage Regasification Units (“FSRU”). Our portfolio of infrastructure assets produce reliable energy for sale to governments and state utilities, in return providing long term, fixed revenue-streams.
Having established Bangladesh’s first independent power plant in 1998, Summit Power is the largest Independent Power Producer (“IPP”) in the country, representing 11.5% of the total Bangladesh market share of energy. With 15 power plants and total generating capacity exceeding 1,500MW, Summit Power is a renowned and trusted partner in sustainable energy generation for the future.
With an evolving pipeline of significant and robust projects across South and Southeast Asia, we are expanding our operations to serve the rising infrastructure needs in emerging markets across the region.
We identify portfolio-enhancing opportunities – both greenfield sites and existing power assets – which offer significant value to the power needs of the country and to our stakeholders. Under Power Purchase Agreements (“PPA”), we establish long term, contractually backed concession agreements with governments and state utilities. In return, Summit Power receives stable, de-risked revenue streams based on contracted capacity payments, thereby avoiding price volatility.
Over two decades, we have developed substantial expertise in project development, including sponsorship, structuring and financing capabilities. Our team of highly experienced infrastructure specialists has worked in consortium with multinationals, financial institutions and government agencies to invest in projects across Bangladesh.
As front-runners in the use of advanced technologies, we partner with blue-chip technology manufacturers to ensure our projects are equipped with the latest and most efficient technologies. Summit Power has a track record in working with world-leading engineering, procurement and construction (“EPC”), and original equipment manufacturers (“OEM”) services to construct and maintain projects, ensuring the highest standards of quality.